Ironically the list comes out the same day that Trump met with Bill Gates, who is the world's richest man for the fourth straight year, according to Forbes.

US President Donald Trump dropped 220 points on Forbes magazine’s 2017 Billionaires List, putting his net worth at $3.5 billion, down $1 billion from the rankings it issued a year ago, a media report said.

According to the list published on Monday, his current position leaves him tied with 19 others as the 544th richest person in the world, CNN reported.